S&P Global Downgrades Quincy's Bond Rating to 'AA'

QUINCY — S&P Global has downgraded Quincy's general obligation bond rating to 'AA,' according to a notice the ratings agency posted over the weekend. The move comes as the city's Department of Public Works prepares to close its rear yard Monday for infrastructure repairs.

TOWN HALL

The Department of Public Works will close its rear yard Monday, Aug. 10, so crews can complete infrastructure repairs, the city announced this week. No timeline for the work's completion was included in the notice.

COMMUNITY & ARTS

The city is promoting its Annual 70s, 80s and 90s Dance Party for Aug. 15, part of the Special Events Quincy calendar posted this week.

ELSEWHERE IN THE NEWS

S&P Global reports in "Quincy, MA GO Debt Rating Lowered To 'AA' On High" that the ratings agency lowered the city's general obligation bond rating to 'AA' in a notice posted this weekend, a change that could affect Quincy's future borrowing costs. (read it at https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/11975386)

Quincy Patch's "Perseids, Solar Eclipse, Blood Moon Highlight August Skywatching In MA" notes the annual meteor shower, a Bay State summer favorite, is set to peak Aug. 12-13. (read it at https://patch.com/massachusetts/quincy)

COMING UP

Symbiosis K-12 Open House is set for Aug. 14, per Quincy Patch's event calendar. The Perseids meteor shower peaks Aug. 12-13, and the city's Annual 70s, 80s and 90s Dance Party is set for Aug. 15.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.